Lesha Bank LLC (Public) (“Lesha Bank” or the “Bank”) has signed two memorandums of understanding (MoU) with Barwa Real Estate and its subsidiary Waseef, on the second day of Cityscape Qatar 2024.
According to Industry sources, these MoUs are focused on exploring partnership opportunities between Lesha Bank And Barwa Real Estate in the investment domain. Additionally, Lesha Bank will partner with Waseef to examine the possibility of offering high-quality services in managing and operating the assets within Lesha Bank’s real estate portfolio in Qatar.
Commenting on this special milestone, Lesha Bank CEO, Mr. Mohammed Ismail Al Emadi stated, “We are thrilled to collaborate with Barwa Real Estate Group, a leading real estate development company in Qatar and the region. This partnership is set to bring substantial benefits to both firms and to the broader real estate market. It aligns with our commitment to offering a wide range of investment solutions within the real estate sector as we continue to strengthen our presence as a forward-thinking investment institution.”
Engineer Ahmed Mohammad Al Tayeb, GCEO of Barwa Real Estate, added, “This marks a significant moment for both of our institutions. As we continue to position ourselves as a leading real estate company, recognized for strong values, excellence, and sustainable returns, these MoUs allow us to work collaboratively. As partners, we aim to explore opportunities for expanding our offerings while ensuring that we continue to deliver innovative products and services tailored to meet the evolving needs of our respective clients that meet global standards.”
Industry sources further added that both entities will also work closely to identify opportunities for offering maintenance services for buildings, equipment, and facilities related to Lesha Bank’s real estate assets. This partnership focuses on ensuring a safe and healthy environment for clients and beneficiaries, aligning with their expectations and maintaining high levels of satisfaction.
